Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Modular Electric Utility Vehicle for Work and Play
Meet the ENVO UPT (Utility Personal Transporter), a fully electric, modular 4-wheel platform built for cargo, fleets, farming, and urban transport. Designed for adaptability, the UPT can transform from a pickup to a passenger mover or delivery…
Ferrari's first electric car just fetched $40M at auction after getting roasted for being a massive fail
Ferrari's first electric car has fetched a staggering $40 million at a charity auction — shattering expectations after the radical new model was savaged by critics who said it betrayed the legendary Italian automaker's identity. The…
Behold the $40 million Ferrari - the most expensive electric car ever sold
The Ferrari Luce has just set a new record, selling for $40 million at an auction in California. The heavily customised version of Ferrari's first EV was sold as a charity auction, but far exceeded the expected price. A shock result surfaced at a…
Can Indonesia build a lasting EV 'ecosystem' and not just a market?
Indonesia 's next electric-vehicle push will test whether President Prabowo Subianto can turn rising demand, nickel wealth and consumer subsidies into an integrated domestic industry that captures more value at home, or merely make imported and…
America doesn't need faster e-bikes. It needs better small electric vehicles
For the last few years, it has felt like the electric bike industry has been engaged in a constant arms race. Every new launch seems to promise more speed, more power, bigger batteries, and increasingly motorcycle-like styling. And every time a new…
As F1 drivers sour on hybrid engines, Formula E doubles down on electric
“It feels like Formula E on steroids.” Red Bull Max Verstappen said those words as part of his 2026 preseason umbrage towards Formula 1's new engines and the type of racing they produce, where drivers are constantly working to save…
The market for used EVs 'is so hot' right now
Sales of used electric vehicles continued their surge in July, jumping 7.7 percent from June and 10.1 percent compared to last year, according to data Cox Automotive released today. New EVs, in contrast, saw only modest 3.2 percent month-over-month…
Ferrari's first EV sells for staggering $40M at Monterey auction
Ferrari's first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California. The 2026 Ferrari Luce 'Tailor Made,' identified as 'Chassis 0,' is the first production chassis from the Italian luxury automaker's new…
Xiaomi's Q2 profit slides 42.6% on component cost pressure
BEIJING, Aug 18 (Reuters) - China's Xiaomi Corp posted a fall of 42.6% in second-quarter net profit on Tuesday, missing analysts' estimates, as higher costs of memory and other components squeezed margins for the maker of smartphones…
Xiaomi profit drops 37pc to 14b yuan in H1
China's smartphone and electric-vehicle maker Xiaomi (1810) saw its net profit fall 37.6 percent year-on-year to 14.2 billion yuan (HK$16.52 billion) for the first half of 2026, weighed down by rising component costs and intensified industry…
This sub-$7,000 sportscar might be just what the future needs
This past weekend saw Monterey Car Week at perhaps its most excessive ever. The auctions set records, including $42.9 million for one of six Shelby Daytona Coupes, and $40 million for Ferrari's first Luce electric vehicle to reach private hands.
EV swap: Britain's most popular cars with an electric alternative
For many drivers, the switch from petrol to electric has been on their mind, but they still haven't taken the plunge. 'Not sure where to start' is a common feeling. One of the easiest ways to switch to an EV can be to simply buy the all-electric…
The clean energy revolution has a mining problem
Every electric vehicle, battery storage system, transmission line, wind turbine, solar installation, and next-generation nuclear reactor begins with materials extracted from the earth. Before America can build the infrastructure needed to power…
1 Top Growth Stock Down 22% This Year and Built for the Long Haul
It's been a pretty good year so far for the overall market. But Rivian Automotive 's (RIVN -3.19%) stock has been a clear exception to this broad trend. Shares of this electric vehicle maker are down 22% year-to-date, extending lethargy that has…
Burnham is choosing jobs over climate security. That's a big risk | Gaby Hinsliff
When the siren sounded on Friday night, my first thought was fire. Weeks of unrelenting sun in the normally soggy Peak District, where I was visiting my mum, have bleached green valleys a dangerously dry, crispy blond. One of her neighbours had…
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